NDC invests in solar energy

The National Development Corporation (NDC) has invested N$850,000 in a solar energy project that will see a 30% to 40% monthly energy cost savings.
The new photovoltaic system, with a capacity to produce 44.5 kWp at peak output, will produce average energy production of around 8400 units per month against a monthly energy usage of between 20 000 and 26 000 units.
At this rate, capital cost recovery is expected to take place in less that eight years at current electricity tariff rates.
Besides energy costs savings, the project is expected to reduce day time electricity consumption from the City of Windhoek grid and the carbon footprint of the NDC’s operations.
Chairperson of the NDC board John Nekwaya said the solar project was good for the environment and human life. He said the new system will enable the corporation to save on energy cost since electricity was now expensive.
“It is just the first phase we are piloting; after three years we will see if we can do everything,” Nekwaya said.
The photovoltic system was officially inaugurated by the Minister of Trade and Industry, Calle Schletwein on Wednesday.